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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Bitcoin hits $45K, TWTR stock price rises 3.8% after BTC tipping comes to Twitter

Twitter's stock feels the benefit of the "orange pill" as surging stocks add to positive tailwinds for Bitcoin.

Bitcoin (BTC) hit four-day highs of $45,000 on Sept. 24 as the market digested news that Twitter had enabled BTC tipping.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Twitter stock surges 3.8% on Bitcoin news

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $45,180 on Bitstamp.

The largest cryptocurrency had struggled to overcome resistance at $44,000, but the Twitter announcement provided some much-needed bullish momentum.

The social network rolled out the first phase of its Lightning Network tipping feature via payment gateway Strike for iOS users Thursday. Other interfaces would soon follow, Strike confirmed, with other tipping partners in the pipeline and set to be announced in the coming weeks.

“What the internet did for communication, Bitcoin and the Lightning Network is doing for money,” CEO Jack Mallers summarized in an accompanying blog post.

Twitter immediately felt the benefits, its stock up nearly 4% after yesterday's close. A video from Mallers showing him using the new tipping feature meanwhile attracted 1.6 million views in just 15 hours.

Now, already bullish Bitcoin traders were even more optimistic. For Rekt Capital, a trend continuation involving a dip, consolidation and eventual exit to the upside was well on track.

“Daily Closed just like that and a dip has indeed taken place today,” he tweeted Friday, showing the predicted BTC/USD trajectory.

“This was all done in an effort to establish trend continuation from this point. Bitcoin is following the black path well thus far.”
BTC/USD scenario. Source: Rekt Capital/ Twitter

Dollar dip boosts BTC

The macro picture also provided hope for Bitcoin, with stocks reversing upwards after suffering over Evergrande fears.

Related: Too ‘grande’ to fail — Bitcoin price stumbles at $44K as China plans for Evergrande’s implosion

The S&P 500 saw its best day since July Thursday, and Bitcoin maintained its positive correlation to equities.

The U.S. dollar, which had capitalized on stocks’ sell-off, fell dramatically, with the U.S. dollar currency index (DXY) bouncing off support at 93.

U.S. dollar currency index 1-hour candle chart. Source: TradingView
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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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